Insider Dealing Cases

Updated on Tuesday 18th October 2016

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Insider dealing cases involve accusations of dealing while in possession of inside information, helping other individuals to deal with such situations and disclosure of information other than in the correct performance of one’s employment. The Financial Conduct Authority (FCA) is the central agency in charge of taking criminal or regulatory enforcement action against those accused of these kinds of offences. Our criminal defence solicitors in London offer proper guidance and legal assistance in cases of insider dealing.

The meaning of “insider dealing” in the UK

Insider dealing is the practice of operating information that has not been made public and gives the possibility to individuals to execute trading choices. It offers dealers an imbalanced benefit over others and most procedures of insider trading are unlawful. There is a large variety of techniques that insider dealing can be directed and here are the main situations:

Professionals who do business with the company, like brokers, bankers or paralegals are only a few of the advisors who have full admission to confidential documents of their corporate customers. They may choose to exploit this privilege as a chance to make quick money through insider dealing.

Employees or members of publicly dealt corporations are in main positions to access data that would not otherwise be accessible to the common public. Some of them can buy and sell securities founded on this information and hope to profit from it when the news is finally announced.

Corporate employees frequently share information within their own groups that is not shared with the broad public. Occasionally, these confessions are made unintentionally, but other times they are made with the purpose of permitting their friends or acquaintances to trade securities with a benefit that other financiers would not have.

Legal advice in cases of inside dealing

These kinds of criminal offences are punished with a maximum of 7 years detention or an unlimited charge. Our defence solicitors in London will assist you if you are suspect in such case and will offer legal representation in case you are arrested and interviewed in a police station.

Also, the defence attorney will provide you with proper information if you are subject to search warrants or have funds frozen by restriction orders. Our team of lawyers in London understands and studies the highly complex financial dealings and will work with experts or accountants if your case requires.